Current price is more than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Agro-chemical firm Best Agrolife Ltd has posted a 98 per cent growth in its consolidated net profit to Rs 30.61 crore for the third quarter ended December 2022.

Best Agrolife Q3 net profit jump 98% to Rs 30.61 cr; revenue up 41%

Best Agrolife Consolidated December 2022 Net Sales at Rs 327.75 crore, up 40.97% Y-o-Y

Best Agrolife consolidated net profit rises 97.80% in the December 2022 quarter

Best Agrolife added 1.44% to Rs 1475.45 after the company’s wholly owned subsidiary Best Crop Science received registration for the indigenous manufacturing of Propaquizafop technical and Cyhalofop Butyl technical.

Best Agrolife gains after subsidiary gets approval for indigenous manufacturing of various herbicides

Other key professionals who have joined the senior management team include:

Best Agrolife announces change in management team

The said patent aims to cover the fungicidal composition of Cyazofamid, Dimethomorph, and Difenoconazole which is going to emerge as a highly effective crop solution against late blight and downy mildew in tomato and grapes crops respectively.

Best Agrolife’s subsidiary receives Indian patent for a fungicidal composition

Agro chemicals firm Best Agrolife Ltd has clocked an over five-fold jump in its consolidated net profit at Rs 129.81 crore for the quarter ended September on higher sales

Best Agrolife Q2 profit up five-fold to Rs 129.81 cr; total income doubles

Best Agrolife’s consolidated net profit surged to Rs 129.82 crore in Q2 FY23 from Rs 25.19 crore in Q2 FY22, recording a growth of 415.4% on a YoY basis.

Best Agrolife records Q2 PAT of Rs 130 cr; EBITDA margin at 26.1%

Best Agrolife records PAT of nearly Rs 130 crore in Q2 FY23; EBITDA margin at 26.1%

Best Agrolife standalone net profit rises 87.78% in the September 2022 quarter

Satin Creditcare, Jay Jalaram Technologies Ltd., Electronics Mart India Ltd., Data Patterns(India)Ltd. and Best Agrolife, hit their fresh 52-week highs during the day.

Stock market update: Stocks that hit 52-week highs on NSE in today’s trade

Best Agrolife Ltd, formerly Sahyog Multibase Ltd, is engaged in business of trading plastic and chemicals raw material and products, such as polymers, petrochemicals, organic compound, inorganic compound, etc.

Best Agrolife Ltd

Best Agrolife Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Best Agrolife Q3 net profit jump 98% to Rs 30.61 cr; revenue up 41%

Best Agrolife Consolidated December 2022 Net Sales at Rs 327.75 crore, up 40.97% Y-o-Y

Best Agrolife consolidated net profit rises 97.80% in the December 2022 quarter

Best Agrolife gains after subsidiary gets approval for indigenous manufacturing of various herbicides

Best Agrolife announces change in management team

Best Agrolife’s subsidiary receives Indian patent for a fungicidal composition

Best Agrolife Q2 profit up five-fold to Rs 129.81 cr; total income doubles

Best Agrolife records Q2 PAT of Rs 130 cr; EBITDA margin at 26.1%

Best Agrolife records PAT of nearly Rs 130 crore in Q2 FY23; EBITDA margin at 26.1%

Best Agrolife standalone net profit rises 87.78% in the September 2022 quarter

Best Agrolife Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Best Agrolife Q3 net profit jump 98% to Rs 30.61 cr; revenue up 41%

Best Agrolife Consolidated December 2022 Net Sales at Rs 327.75 crore, up 40.97% Y-o-Y

Best Agrolife consolidated net profit rises 97.80% in the December 2022 quarter

Best Agrolife gains after subsidiary gets approval for indigenous manufacturing of various herbicides

Best Agrolife announces change in management team

Best Agrolife’s subsidiary receives Indian patent for a fungicidal composition

Best Agrolife Q2 profit up five-fold to Rs 129.81 cr; total income doubles

Best Agrolife records Q2 PAT of Rs 130 cr; EBITDA margin at 26.1%

Best Agrolife records PAT of nearly Rs 130 crore in Q2 FY23; EBITDA margin at 26.1%

Best Agrolife standalone net profit rises 87.78% in the September 2022 quarter

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock